Is Tacoma being set up for a big fall when the housing party finally ends? Quite possibly—especially when it comes to condos downtown. A tally of downtown projects by real estate consulting firm McCament and Rogers for the City of Tacoma shows 774 residential units are currently being built in 13 different projects around downtown….
Author: The Tim
Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.
Some Kinda Email
Once in a while you read something and you think: “Is this for real?” That’s the reaction I had yesterday when I received this email (name changed to protect the… well just as a courtesy): Hello Timothy, With interest I read your post regarding the “real estate bubble”. Regardless of what happens with the bubble…
Construction Buoys State Job Market
Here’s a pair of mostly glowing articles about just how stupendous our state’s job market is, and how much better it’s getting every day. The roaring construction and aerospace industries helped Washington add 7,900 jobs last month, pushing the statewide unemployment rate back down to 4.6 percent. That matched January’s jobless rate, before an influx…
Excuses In Olympia
Here it comes… with the housing market in Olympia beginning to experience more signs of a slowdown than anywhere else in the Puget Sound, it’s time to bring out the excuses. The order of the day? Gas prices. Thurston County’s real estate market has been one of the state’s hottest because median prices here are…
Inman Good For A Laugh
We’ve already done the March numbers to death, but the late story from Inman News caught my attention for its amusing headline and subtitle: Northwest real estate sales slide Inventory growth helps lift home prices Home sales in western Washington fell 9.1 percent in March from a year ago, as prices posted another month of…